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KICU
Jan 16, 2013 4:00am PST
workers are walking off the job to protest a lack of job protections. new york city mayor michael bloomberg has proposed a competetive bid process for school bus contracts in order to save money. the union is upset it may impact current drivers. this strike is the first such job action by unionized new york school bus drivers in more than three decades. massive job cuts are happening around the globe. the world's largest platinum producer, located in south africa, is closing 4 mine shafts and letting go of 14,000 employees, which is 24% of its workforce. the owners of anglo-american platinum blame slowing demand. platinum prices rallied higher than gold prices yesterday, because closing the mines will lower platinum production. and in germany, air berlin is reducing its staff by 10% by dropping 9,300 workers. the second-largest airline is said to be struggling with competition, high fuel prices and the german economy. australian vitamin and supplement maker swisse vitamins is crossing the pacific pond. the privately-held company will set up its north american headquarters in chica
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